Stifel raised the firm’s price target on MYR Group (MYRG) to $210 from $204 and keeps a Buy rating on the shares. Given healthy T&D trends, strong Q2 T&D awards, and a ramp in the MSA with Xcel, the firm believes the T&D outlook is favorable relative to expectations in 2025 and 2026, the analyst tells investors in a post-earnings note.
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